Brookfield Asset Management plans to bundle together its wide array of commercial-property holdings into a new publicly traded subsidiary, with an eye toward further growth.
Beazer Homes has formed a REIT with KKR that will buy and then rent single-family homes, one of the largest and most talked-about asset classes in the real-estate business.
Facing a dearth of new-home construction, the U.K. real-estate industry and government are looking at ways to encourage the formation of new real-estate investment trusts that would focus on subsidized housing.
Strange looks of a building apparently aren’t enough to scare off big-name investors. That’s the case with 100 Federal Street in Boston—the so-called “pregnant building” recently purchased by Boston Properties.
Associated Estates Realty Corp., which owns rental-apartment buildings in cities like Indianapolis and Columbus, Ohio, is pushing into the upscale Los Angeles market despite some investor concerns.
Paris’s La Défense district, launched more than 50 years ago and now the largest business center in continental Europe, is suffering growing pains that raise questions about how and where Paris will expand in the future.
Shopping-center landlords like Simon Property Group are pressing for states to levy sales taxes on online retailers like Amazon.com, in a bid to level the playing field.
Developer Rick Caruso, Southern California’s king of upscale shopping centers, wants to make a splash in another real-estate sector by building a luxury hotel on 16 acres of beachfront in Santa Barbara.
Resort operator Kerzner International transferred its massive Atlantis resort in the Bahamas to its creditors and sold its half interest in the Atlantis in Dubai to partner Istithmar World.
Most retailers don’t build their own stores. But Nebraska Furniture Mart Inc., owned by Warren Buffett’s Berkshire Hathaway, wants to do just that—along with developing a city-within-a-city around it on a 433-acre swath in a Dallas suburb.
Goldman Sachs, which purchased the massive Marriott Waikiki Beach Resort & Spa in Honolulu in 2005, is in talks to extend or modify the hotel’s debt, which is probably more than the property is worth.
Investor Barry Sternlicht’s Starwood Capital has agreed to buy a 90% stake in seven U.S. malls, including the SouthPark mall in Cleveland, from Australian mall owner Westfield Group for $1.05 billion.
Howard Lutnick, the head of Cantor Fitzgerald, is aiming to integrate Grubb & Ellis with Newmark to form what he hopes will be one of the leading commercial real-estate-services companies in the world.
A $49 million loan on a Florida shopping mall that was facing a foreclosure action before it was refinanced has been stripped from an issue of commercial mortgage-backed securities that J.P. Morgan Chase & Co. is bringing to market this week.
Cash-strapped Chinese property companies may face a reckoning this year amid high debts and a government campaign to bring down housing prices. If that happens, a number of outside investors are waiting to step in.